EURUSD Analysis.EURUSD formed a short term cycle top at 1.6038 on 4-hour chart. Consolidation in a range between 1.5775 and 1.6038 could be seen in next few days. Initial support is at the up trend line from...
EURUSD Analysis.EURUSD broke above 1.6019 (Apr 22 high) long term key resistance and pulled back from 1.6038 level. The pair might be forming a short term cycle top on 4-hour chart. Consolidation would more likely be seen...
USDCHF Analysis.USDCHF traded in range between 1.0136 and 1.0250. Deeper decline to test 1.0111 support is still possible later today. As long as 1.0111 support holds, we’d expect up trend to resume, and then rebound to test...
EURUSD Analysis.EURUSD broke above 1.5908 resistance. Further rise to test 1.6019 (Apr 22 high) long term key resistance is still possible later today. A break of this level will indicate that the sideways consolidation in range between...
USDJPY Analysis.USDJPY is forming a sideways consolidation in a range between 106.25 and 107.75. Pullback to 106.00 area to reach next short term cycle bottom on 4-hour chart would more likely be seen next week. Key resistance...
AUDUSD Analysis.AUDUSD broke below 0.9493 support and reached 0.9475 only. The subsequent rebound could possibly be resumption of up trend. Further rally is expected in a couple of days. Key support is now located at 0.9475, only...
AUDUSD Analysis.AUDUSD is testing the key support at 0.9493, a break below this level will indicate that the up trend from 0.9327 (June 12 low) has completed, and signal a further decline to 0.9200 area. However, as...
USDCHF Analysis.USDCHF dropped sharply from 1.0341 and formed a short term cycle top on 4-hour chart. However, the fall is treated as consolidation to uptrend. Further rise to 1.0500 is expected in next several days. Key support...
GBPUSD Analysis.GBPUSD formed a short term cycle top at 2.0006 on 4-hour chart. Further pullback to 1.9700 to reach next cycle bottom could be seen in a couple of days. However, the fall from 2.0006 is treated...
GBPUSD Analysis.GBPUSD is in up trend. The pullback from 2.0006 is treated as consolidation to the up trend. As long as the price channel support holds, we’d expect up trend to resume, and then further rally to...
